Chapter 295: Terms
Regarding the matter of record agency, Chen Qiming and Mike discussed it for nearly three hours.
In the end, after several hours of negotiation and debate, the two sides reached a consensus on the intention of cooperation.
For $15 million, Chen Qiming handed over his global record agency for the next three years to Warner Records.
The cooperation between the two sides is divided into 55 parts.
It is produced by Starting Point Records, and Warner Records is responsible for distribution and promotion, and the production cost and distribution promotion fee are not included in this share.
In other words, no matter how much money was spent on the production of the starting record and how much money was spent on the promotion of Warner Records, the money was self-willing, and could not be deducted from the revenue of the record.
To tell the truth, the clause that the issuance and publicity expenses cannot be deducted from the sales proceeds is definitely the most unwilling article in this negotiation.
If it weren't for Chen Qiming's resolute refusal to accept the deduction of publicity expenses from sales profits, and threatened to find a new agent, Warner would not have agreed to this article.
There is no way, it is really too big to deduct the profit from the income of the issuance and publicity.
When Chen Qiming was in Fulong, he witnessed that Fulong Records suffered a big loss in this article, which led to Fulong finally choosing not to hand over the publicity to Warner.
Producers and distributors, whether it is movies or records, distribution and publicity are definitely the bulk of the distributor's black money.
Especially these companies in Europe and the United States.
These guys have taken the black money aspect to the extreme.
Left-handed to right-handed is what they like to do the most.
Spend millions of dollars to find someone to write a story.
Spend tens of millions of dollars for cooperative "partners" to publicize.
The record engraved for three dollars tells you that the material is very expensive, and it is engraved for five dollars.
As soon as all aspects are deducted, the profit of a record is simply pitiful.
That's why a lot of record production companies go bankrupt.
Obviously, the record that sells very well in the world, when it comes to sharing, the producer can only get a dime a dime, and sometimes there will be a loss.
As with records, the same goes for movies.
Hollywood studios use this to trick investors.
In dreams, this will also happen in the hinterland.
In 2000, a large number of Hong Kong and Taiwan filmmakers went north, and they used this set on those coal bosses in the mainland.
The coal boss has money, thousands of millions of investments.
As a result, the movie hit the streets.
The reason is that the money is all hacked.
There are lessons from the dream and the previous car before Fulong.
Therefore, in terms of sharing, Chen Qiming added a lot of clauses to prevent Warner from making false accounts.
If you are a newcomer, or an ordinary singer, if you dare to mention this kind of ridicule.
Needless to say, Warner is definitely going to turn around immediately.
But Chen Qiming is different.
The popularity and appeal of the excess gave him the confidence in this regard, so that even if Warner was unwilling, he could only choose to agree to Chen Qiming's terms in the end.
In addition to the division aspect, Chen Qiming has set up a lot of provisions to prevent black money.
In terms of copyright, Chen Qiming also put forward requirements in favor of himself.
However, regarding copyright, Warner agreed without much discussion.
Having worked with Fulong for so long.
Warner is very clear that Chen Qiming attaches great importance to the copyright of his songs.
When the record was released before, Chen Qiming's song copyrights were all held by Chen Qiming.
Therefore, Warner has no objection to the fact that the copyright of the song belongs to Chen Qiming.
The contract was signed in the presence of lawyers for both parties.
The next day, Warner Records released the blockbuster news that Chen Qiming had joined Warner Records.
Since Chen Qiming became independent.
All parties in the Chinese music scene have been paying attention to Chen Qiming's next moves.
Everyone knows very well that although Chen Qiming has gone out independently.
But his record agency rights must still be given to the major giant record companies.
Is it Warner? Is it the Rolling Stones? Is it PolyGram?
This is all the focus of the media.
And these record companies, including Polygram, have also frequently contacted Chen Qiming recently.
all want to take Chen Qiming's record agency.
Among them, Zheng Donghan of Polygram also came to Baodao to meet Chen Qiming for this reason, and gave very generous conditions.
Pity......
Everyone didn't expect that all of a sudden, Chen Qiming would immediately cooperate with Warner again.
However, many people have expected this.
As we all know, Chen Qiming's Qiming Film and Television and Time Warner have signed three film collaborations.
The reason for this cooperation is that it comes down to Chen Qiming's record agent.
Many people have expected that Chen Qiming and Warner have a tacit understanding in this regard.
Therefore, when the news of Chen Qiming's re-cooperation with Warner Records came out, although it shocked many people, it was also expected by many people.
March.
When the news about Chen Qiming's separation, winning the Grammy Best New Artist, and then collaborating with Warner Records, spread.
RTHK still has other news to contend with.
Stephen Chow's big talk about Journey to the West encountered Waterloo.
Anita Yuen participated in Jackie Chan's new movie Thunderbolt, and the two sides joined forces.
Both of these news stories are very hot.
Stephen Chow talked about the box office loss of Journey to the West, which can be big or small.
It can be said that Stephen Chow is about to fall off the altar, and it can only be regarded as a movie failure.
But because of Stephen Chow's scenery in recent years, this news is quite hot.
As for Anita Yuen joining Jackie Chan's new movie.
It's definitely a strong combination.
In recent years, Anita Yuen is definitely one of the most beautiful actresses in Hong Kong and Taiwan.
The youngest Hong Kong Film Awards actress blessing.
Coupled with the box office she has accumulated in recent years, it can be said that the scenery is unlimited for a while.
Since he and Chen Qiming became famous with "New Love".
In two years, she starred in a number of films.
Among them, Stephen Chow's "Domestic Lingling Paint", Huang Baiming's "The House of the Rich", Jackie Chan's "Chariot of Fire", Leslie Cheung's "Golden Branches and Jade Leaves" and "Golden Jade Full Hall".
These movies have exploded at the box office, and most of them even entered the top 10 of the year.
High production, and high box office.
This makes Anita Yuen known as a box office elixir.
No, Jackie Chan couldn't help it and invited her to be the heroine of the new movie.
Jackie Chan, who has just made a name for himself in Europe and the United States, is not inferior to Chen Qiming.
Therefore, as soon as the news of the cooperation between the two came out, it immediately made headlines in Hong Kong and Taiwan.
For these, though.
Chen Qiming only paid attention to it casually, and immediately shifted his attention.
He started preparing songs for his new album.
This English album, he has great ambitions.
Not to mention the big selling.
But we must consolidate our popularity and status in Europe and the United States.
(End of chapter)